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Welcome to 425 E Sessoms Ave in Lake Wales "” a turnkey income-producing triplex with major capital improvements already completed. This property includes two 1BR/1BA units and one studio apartment, each with private entrances and consistent rental demand. Investors will appreciate the new roof and new A/C units, offering reduced CapEx for years to come and stronger cash-flow stability. With three rentable units under one structure, this triplex supports multiple income strategies: long-term tenants, traveling professionals, or an owner-occupant looking to house hack. The two 1-bedroom units offer functional layouts with easy value-add potential, while the studio provides an additional revenue stream with strong occupancy potential. Located minutes from downtown Lake Wales, Lake Wailes Park, shopping, dining, medical centers, and major employment hubs, this property sits in a high-demand rental corridor. Key Highlights: "¢ Triplex: (2) 1BR/1BA units + (1) Studio "¢ New Roof + New A/C Units = Reduced long-term maintenance "¢ Multiple income streams under one roof "¢ Separate entrances & flexible rental configurations "¢ Strong rental demand close to downtown and amenities Whether you're expanding your rental portfolio or looking to offset your mortgage with rental income, this property delivers flexibility, stability, and reliable returns. Schedule your showing today.
| DAYS ON MARKET | 3 | LAST UPDATED | 12/8/2025 |
|---|---|---|---|
| TRACT | LAKE WALES | YEAR BUILT | 1937 |
| COMMUNITY | 33853 - Lake Wales South | COUNTY | Polk |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Refrigerator |
| AREA | 33853 - Lake Wales South |
| CONSTRUCTION | Block |
| EXTERIOR | Other, Rain Gutters |
| HEAT | Other |
| INTERIOR | Other |
| LOT | 0.31 acre(s) |
| SEWER | Other |
| STORIES | 1 |
| SUBDIVISION | LAKE WALES |
| TAXES | 2877.34 |
| UTILITIES | Cable Available, Cable Connected, Electricity Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Wes Fleming, BHHS FLORIDA PROPERTIES GROUP, 863-701-2350
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/10/25 10:26 PM PST.
This IDX solution is (c) Diverse Solutions 2025.